What Is Sudoswap? Trading NFTs Instantly With AMM
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Even though decentralized exchanges like Uniswap have effectively made trading a smooth process, NFT marketplaces still haven’t caught up with the efficiency. Finding someone to trade NFTs with in NFT marketplaces is a slow and cumbersome process. Sudoswap aims to provide a user-friendly experience for traders by applying an automated market maker (AMM) to NFT trading.
With an AMM, users no longer have to wait for an offer, and they can trade NFTs instantly with others at a fair price as long as there’s liquidity.
What Is Sudoswap?
Sudoswap is a decentralized exchange (DEX) protocol that enables the trustless swapping of non-fungible tokens (NFTs) on the Ethereum blockchain.
The protocol was launched in May 2022 by the developer behind 0xmons, a human-AI hybrid NFT project of animated monsters generated by Generative Adversarial Networks (GANs).